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Strategies & Market Trends : Ask Vendit Off-Topic Questions

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To: Jill who wrote (950)8/5/2001 9:19:07 AM
From: Vendit™  Read Replies (1) of 8752
 
More batting practice.<g>

The NASDAQ is still showing medium term weakness. As I said yesterday, Friday’s 60-minute chart shows a probable up swing at open. This following chart, when you consider the short-term trend line and slow stochastic says caution should be maintained IMO.

angelfire.com

The next chart has the lower longer term trend line drawn in.

angelfire.com

Lower S/T candle supports are at the following points;

2047

2017

1987

My apology if these links dont work. Anglefire is changing their format and I am having to adapt.

Just in case, I linked the entire post to a page so you can see the charts.

angelfire.lycos.com
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